Kathleen A. Morgan - Jan 1, 2022 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role: Chief Legal Officer
Signature: /s/ Brian Leaf, Attorney-in-Fact
Stock symbol: IRDM
Transactions as of: Jan 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/4/2022, 03:52 PM
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IRDM	Common Stock	Award	$0	+24.2K	+84.14%	$0.00	53K	Jan 1, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. Of the shares underlying this restricted stock unit award, 25% shall vest on January 1, 2023 and the remainder shall vest in equal quarterly installments thereafter on each April 1, July 1, October 1 and January 1, so that all shares of common stock shall be vested as of January 1, 2026, subject to the reporting person's continuous service with the issuer as of each such vesting date.

Content

These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. Of the shares underlying this restricted stock unit award, 25% shall vest on January 1, 2023 and the remainder shall vest in equal quarterly installments thereafter on each April 1, July 1, October 1 and January 1, so that all shares of common stock shall be vested as of January 1, 2026, subject to the reporting person's continuous service with the issuer as of each such vesting date.